Tuesday's session on Wall Street brought back to a repricing and the S&P500 index lost 1.48 percent.

The impact on this situation have undoubtedly four factors; uncertainty about the September rate hike in the US, the appreciation of the dollar, the decline in oil prices and an increase in the profitability of the debt.

The morning trading in Europe should bring some attempts to rebound. Now oil is going up by 0.5 percent and futures on the DAX are listed on a slight positive territory.

Today's macro calendar does not contain any significant publication. We will know today read of the dynamics of industrial production in the euro zone, but these data do not arouse strong emotions. Some investors will pay attention to the reading of unemployment in the UK, which may reflect an echo on the pound and indirectly affect the main currency pair EURUSD.

Assuming that world markets will slightly rebuild, the WIG20 index should return to the area of 1,750 points and start looking for stability. However, we expect that in the next days the index will move under the dictation of news from overseas about the possibility of interest rate hikes in the US. Potential increases will not help the entire Polish market.